OPUSDT
Opusdt Getting ready for breakout Opusdt
Formed Bullish Symmetrical Pattern & in 4h time frame Incase of breakout Expecting 20-40% Bullish Move
Candle : Morning dogi Star Candlestick pattern (Bullish)
Remember: These are just ideas that we share from our experience, it does not mean that they will be 100% perfect, anything can happen in the market at any time.
Always manage your risk and trade with your on research
OP ready to fly!After quite some downtrend and getting stuck in a triangle I expect the triangle to break downward which will most probably be a false breakout since it's an area of liquidity and start flying from the area that I highlighted which happens to be the entry price for the breakout signal!
NFA
"OP" time to fly 🔥Today the dynamic support retest has been completed, in my opinion, the time of upper edge of symmetrical triangle has been arrived.
In past days OP has been accumulated very good, when we are in time situation like now, and when the price has been placed in the bottom of pattern, its a good sign to coin explode.
Likewise RSI 50 in 4H TF has broke the trend.
BTC Dom is near to dump, just keep your positions in ALTs such OP.
Target has been marked in the chart 👊🏿
Its not a financial advice, just my opinion ✨
OP/USDT Possible Break Of Structure? Hey traders 👋
Let's kick off this day with OP coin on 4hr chart. We are looking at the chart where we see a nice triangle structure formed here but market price is being below EMAs does let us know about the bearish overweight. We are waiting for the price to go for another re-test of upper zone after what we want tot see a breakdown. BUT we need to be open-minded here are we might see a bullish outcome due to upcoming economic news.
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Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Whether it can rise along the rising channel is the keyHello?
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(OPUSDT chart)
The HA-High indicator on the 1W chart formed at the 2.498 point.
Therefore, if it fails to rise above 2.498, it may lead to further declines, so we need to think about countermeasures.
However, since the MS-Signal indicator of the 1W chart is passing around 2.045, you need to check whether it is supported around the 2nd section of 1.828-2.045.
The tertiary range, 0.919-1.129, is a strong support and resistance range.
It is currently in a downtrend from the uptrend channel shown on the 1D chart.
Therefore, I think it is becoming important whether it can rise above 2.498.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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read the captionFriends, the condition of this currency is such that the market maker has not noticed the smell of smc rtm ict lit foton fantom (like Theta currency, which is simple and beautiful at the same time) and the logic of supply and demand advances and also turns into trading levels, definitely try to line The trend is also to buy even if it fails. Be careful and avoid sales transactions
The OP will continue to fallHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the OP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Optimism(OP) will lose 💣at least➖12%💣of its value!!!Better to know first what is the Optmisim(OP) project.
What Is Optimism (OP)❗️❓
Optimism (OP) is a layer-two blockchain on top of Ethereum. Optimism benefits from the security of the Ethereum mainnet and helps scale the Ethereum ecosystem by using optimistic rollups. That means transactions are trustlessly recorded on Optimism but ultimately secured on Ethereum.
Optimism is one of the biggest scaling solutions for Ethereum with over $500 million in TVL. It is home to 97 protocols, the biggest being Synthetix (SNX), a derivatives exchange, Uniswap (UNI), a DEX, and Velodrome (VELO), an AMM. Users can begin their journey on Optimism by adding the chain on their Metamask and bridging tokens like ETH to the L2. On May 31, 2022, Optimism conducted a highly anticipated airdrop of its OP token.
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Optimis lost its support line after accepting defeat from the resistance line.
While losing the support line, it managed to form a descending channel, and now the lower line of this channel is also broken by the breakout candle.
I expect Optimism to drop to at least the 🟢support zone($2.24-$1.99)🟢.
Optimism Analyze ( OPUSDT ), 1-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
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$OP/USDT 12h (#Bybit) Small falling wedge breakoutOptimism looks locally bullish and could bounce back on 100EMA support, towards previously broken levels.
⚡️⚡️ #OP/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (3.0X)
Amount: 4.5%
Current Price:
2.4351
Entry Zone:
2.4351 - 2.2651
Take-Profit Targets:
1) 2.7689
2) 3.0840
3) 3.3993
Stop Targets:
1) 1.9998
Published By: @Zblaba
$OP #OPUSDT #Optimism #L2
OP IS BEARISHHi, dear traders. how are you ? Today we have a viewpoint to sell/short the OP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Price Analysis of OPUSDTIn a 4-hour timeframe, the price has crossed 50-EMA with a volume greater than 21-MA volume.
Currently, 200-EMA is acting as resistance and the price needs to cross above the EMA with volume greater than 21-MA volume.
If price moves above 200-EMA, next target price is 2.837 with 200-EMA acting as support.
Note: Studies are for educational purposes only.
We will not be responsible for any of your Profits & Losses.
Please trade with a proper risk management strategy to avoid huge capital loss.
OPUSDT Testing important supportSUPPORT: $1.60
RESISTANCE: $3.20
Targets on chart for both scenarios.
As the sun set over the sprawling city, a gentleman sat quietly in his study, watching the ticker tape on his desk. The name on the tape read "OPUSDT", a curious name for a most curious asset. The gentleman had been keeping an eye on this asset for some time now, and despite his initial reservations, he had grown quite fond of it.
However, his fondness was now being tested. OPUSDT was approaching a critical level, a level that would determine its future trajectory. If it held this level, the gentleman believed that OPUSDT would soar to the lofty heights of $6.00 (six dollars).
The gentleman knew that he was taking a risk by investing in such an asset. But he was a man of conviction, and he trusted his instincts. He knew that if he played his cards right, he could come out on top.
And so he sat in his study, watching the ticker tape with bated breath. As the price of OPUSDT approached the critical level, his heart raced with anticipation. He knew that this was a pivotal moment, one that would determine the fate of his investment.
Finally, the moment arrived. The price of OPUSDT hovered at the critical level, teetering on the edge. The gentleman held his breath, watching intently as the price fluctuated.
Investing is a game of patience and wisdom. One could not simply throw their money into the market and hope for the best, for that would be the way of a fool. No, one has to wait for the price action to pivot and climb before investing, for that is the mark of a wise and cunning investor. Such an investor carefully watches the movements of the market, studying its ebbs and flows, waiting for the opportune moment to strike. For they know that to invest too early or too late was a sure path to ruin. And so they wait, biding their time with the utmost patience and restraint, until the moment was just right. Then, and only then, they make their move, with confidence and resolve, knowing that they had chosen wisely.
OPUSDT in a downtrend now (50 % profit)OPUSDT looks like it's ready to dump .
The price broke the upsloping support.
We may see a bounce and the rejection from the line which should be acting as a resistance now. However, the dump without the bounce is also likely.
RSI in a downtrend. Hard to imagine OPUSDT carrying on the uptrend in a short-term.
Take profit levels and final target are shown on the chart. Over 52% to be made here.
If the price reclaims the upsloping support, it would be a clear invalidation of our thesis.
Good luck